Pound and the Fury: Why Anger and Confusion Reign in an Economy Paralysed by Myth

The UK economy has failed to work for ordinary citizens due to stagnant wages, underemployment, and rising costs of basic goods. This book argues that myths about how the economy works stifle debate and block change and offers new possibilities for economic action that could lead to radical structural changes.

\n Format: Paperback / softback
\n Length: 184 pages
\n Publication date: 28 October 2021
\n Publisher: Manchester University Press
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The UK economy faces significant challenges, with stagnant wages, underemployment, and rising costs of essential goods such as healthcare, education, and housing. At the same time, a small minority of the population enjoys obscene profits, while the environment faces an urgent emergency. While there is anger and anti-elite sentiment expressed in the "culture wars," no significant challenge to the dominant economic model has gained mainstream attention.

The book "The Pound and the Fury" argues that these challenges are due to a set of myths about how the economy works, which stifle debate and block change. The book analyzes the origins of these myths and explores how they can be dispelled, particularly in the context of economic theory, which is opening up new possibilities for economic action. As we emerge from the COVID-19 pandemic, these possibilities could lead to the radical structural changes that the UK economy desperately needs.

The book highlights the need for a more democratic and inclusive economy that works for the benefit of all citizens, rather than just a small elite. It calls for policies that promote job creation, investment in infrastructure, and social welfare programs to address income inequality and ensure that everyone has access to essential goods and services.

Furthermore, the book emphasizes the importance of challenging the dominant economic narrative that prioritizes profit over social and environmental well-being. It suggests that we need to move away from a system that rewards greed and exploitation and towards a more sustainable and equitable economy that values the planet and its resources.

In conclusion, "The Pound and the Fury" offers a valuable perspective on the challenges facing the UK economy and provides a roadmap for building a more prosperous and sustainable future. It challenges the myths that stifle debate and block change and advocates for policies that promote job creation, investment, and social welfare. By embracing these ideas, the UK can create a more equitable and prosperous economy that works for the benefit of all its citizens.

\n Weight: 202g\n
Dimension: 129 x 198 x 17 (mm)\n
ISBN-13: 9781526158802\n \n